Russia-based steel pipe producer ChTPZ Group has stated that it has dispatched 1,828 mt of large diameter (LD) pipes with a polypropylene anti-corrosion coating and thickness of 6 mm produced by its workshop Vysota 239, intended for the ...
Tags: Russia, ChTPZ Group Metallurgy, Mineral
Russian steelmaker Severstal announced that it will supply about 64,000 mt of pipes, made by Izhora pipe plant, part of Severstal Russian Steel, for the Southern Corridor project. The supply will include pipes with diameter of 1,420 mm, ...
Oil futures held near nine-month highs Monday on concerns that escalating violence in Iraq could spread to the country's oil-producing southern region. ICE August Brent settled 48 cents higher at $112.94/barrel. The front-month contract ...
Tags: Oil Futures, Crude futures
Russian gas exports to Europe via Ukraine are continuing as per normal at about 185 million cubic meters/d, despite an explosion Tuesday afternoon at a Ukrainian gas pipeline, Gazprom deputy chairman Vitaly Markelov said Wednesday. "Gas ...
Tags: Gas Exports, gas pipeline
Russia-based steel pipe producer ChTPZ Group has stated that it has dispatched four pipes of 1,420 mm diameter with wall thickness of 21.7 mm, with external and internal anti-corrosion coating, made of MMK's sheet steel of K60 grade for the ...
Tags: Welding Pipes, Gas Pipeline
Sellers at the 8th Asia LNG summit in Beijing Wednesday said there is a growing shortfall of LNG globally, as buyers wait on the sidelines, preferring to sign LNG term contracts linked to other indexation points rather than traditional ...
Tags: Potential LNG, gas
Ukrainian gas company Naftogaz and Russian gas company Gazprom are considering an EU proposal where Naftogaz pays Gazprom $2 billion by Friday in exchange for talks on a new gas price and no prepayment in June, the European Commission said ...
Tags: EU energy, Russian Gas
The recently announced 400 billion-dollar gas deal between Russia and China will not affect gas deliveries to the EU, the International Energy Agency (IEA) said Thursday. "The gas that has been determined for export to China would have ...
Tags: EU Supplies, Gas
Russian gas giant Gazprom has reached a preliminary agreement with China on a $25 billion prepayment for Russian natural gas delivered under the 30-year supply deal signed this week, deputy CEO Alexander Medvedev said Friday. "An advance ...
The fuel oil hi-lo spread -- the premium of 1% FOB NWE cargo swaps over 3.5% FOB Rotterdam barges -- has moved above $60/mt for the first time since April 1 on supply worries, sources said Thursday. The physical hi-lo was assessed at ...
Tags: Fuel Oil, physical hi-lo
Russia's president, Vladimir Putin, is set to put his problems with Europe behind him for a few days on a visit to Beijing. Putin hopes to return to Moscow with a slew of energy deals, including a pipeline gas supply deal with China for ...
Tags: Russia, Mega-Gas Supply
LNG volumes coming on stream from countries including the US and Australia in the next few years could lead to a progressive convergence of global gas prices and more LNG imports into Europe as well as the Far East, US Energy Secretary ...
Tags: LNG Exports, LNG market
German chemical giant BASF plans to intensify its deep cooperation with Russia's Gazprom in Europe and internationally, the company's chief executive Kurt Bock said Friday. "Russia is important, very important for us," Bock said at BASF's ...
Ukraine's natural gas output in March fell 5.6% year-on-year to 1.68 billion cubic meters, from 1.78 Bcm in March 2013, an energy and coal industry ministry official said Wednesday, citing preliminary figures. Production fell after the ...
Tags: natural gas, gas production
Russia's Gazprom has begun natural gas output from its fifth producing onshore well in Bangladesh, Semutang-6, at around 7,000 Mcf/d, Bapex Managing Director Md Abdul Baqi told Platts Friday. The well, which started production last week, ...
Tags: Gazprom, natural gas